Investing

Cuba Set to Get Luxury Golf Course Project; To be Designed by Tony Jacklin

It has been a long time since Fidel Castro, the Cuban Communist revolutionary, played a few strokes of golf with his radical counterpart, Che Guevara and fifty years since the former ordered all the golf courses to be shut down because he thought that the game was a hobby for the elites. However, times have changed and the island of Cuba has decided to cater to the demand of affluent tourists rather than comply with the late president’s orders. Cuba’s government has approved a luxury golf course project which will be designed by golfing legend, Tony Jacklin.

Fake 'Pastor' Charged in Houston Real Estate Investment Scheme

A self-proclaimed pastor from Houston ran a religious-themed investment program that turned out to be a scam and has led him to be charged with 24 counts of fraud, according to reports.

Blackstone and Prologis to Acquire $960 Million Warehouse Portfolio

A unit of Blackstone Group LP, a popular real estate firm and Prologis, a real estate Investment Trust has agreed to purchase a 17 million square feet warehouse portfolio worth $960 million, according to several media reports.